Stacks Updates
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Stacks updates and announcements.
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Stacks DeFi interest and activity are rapidly growing.

Signal21 on-chain data dashboards showcase this growth.

DeFi TVL and transaction count have been rising since December.

Great work by Stacks Builder that keeps making the ecosystem more interesting.
The @Stacks Harvard hackathon resulted in 200+ participants and 24 projects launched. 🟧

The amazing work of @easya_app and @hirosystems is forming the next generation of Stacks Builders.

Bitcoin L2s become more exciting when new talent and ideas come around.
What is happening in the Stacks ecosystem?

β€’ Hermetica introduces the first Bitcoin-backed, yield-bearing synthetic dollar

β€’ Axelar network is integrating Stacks enabling ecosystem users to bridge across 65 chains

β€’ Bitflow Finance opens up Rune AMM waitlist
What if Stacks apps could pass messages triggering on-chain or off-chain actions? πŸ€”

Join tomorrow's AMA at 12 PM to learn about the development of application notifications on Stacks. πŸ“…

https://twitter.com/i/spaces/1zqKVqEQmVMxB/peek
Stacks is becoming an increasingly interesting ecosystem for DeFi users.

New apps like Bitflow Finance, Velar, and others have created new DeFi use cases,

No wonder why active addresses in DeFi have greatly surpassed previous peaks.
With Sensei Node joining as a Signer, Stacks becomes even more secure.

The institutional grade staking provider with $1B+ in AUM is proud of strengthening the network.

Moreover, Stacks users will benefit from the Signers network growth.
Another Stacks DeFi project completed a raise.

This time, Zest Protocol completed a $3.5M round led by Draper Associates.

The Bitcoin ecosystem is heating up and capturing the interest of investors like Tim Draper & Binance Lab.
A new wallet is integrating the Stacks network!

Uphold wallet users will now get to hold and manage STX.

By making the leading Bitcoin L2 more accessible, new users will get to access Bitcoin-backed apps.
sBTC is going to activate the Bitcoin economy.

Builders will be able to build Bitcoin-backed DeFi, NFTs, and more.

Unlocking BTC as a fully programmable asset will open the gates for a digital economy on top of Bitcoin.
There are many SIP ideas under development which are worth exploring and learn more about.

Make sure to join the weekly AMA for a Q&A, feedback, and continued discussion on SIP ideas:

Tune in tomorrow at 6 PM CEST!

https://x.com/i/spaces/1BdGYrQlOrYJX
Stacks DeFi ecosystem is growing fast with new dApps launched in the last few months and new users joining the network

But which DeFi vertical intrigues you the most?
Anonymous Poll
28%
Lending and Borrowing (E.g. Zest)
25%
DEXs (E.g Velar, Bitflow)
37%
Liquid Stacking (E.g Stacking DAO, LISA)
1%
Vaults (E.g Hermetica)
9%
Stablecoins (E.g Arkadiko, Hermetica9
Want to learn about building on Bitcoin via Stacks?πŸ—

Then make sure to participate in the EasyA hackathon at the University of Texas-Austin.πŸ§‘β€πŸ’»

πŸ“… The event will occur this Thursday, 23rd May, at 6:30 PM.

Register now:
https://www.eventbrite.co.uk/e/consensus-warm-up-bitcoin-workshop-with-stacks-at-ut-austin-tickets-909080603557?aff=oddtdtcreator
Applications for the new set of quarterly Critical Bounties are open.

The emphasis topics are:

β€’ DevEx & Testing
β€’ Network Participants
β€’ Other Topics (e.g research and development of ideas advancing Bitcoin layers)

You only have until June 7th to apply! πŸ‘‡

Apply now for the chance to complete a Critical Bounty:
https://buff.ly/4aqHAj9
Stacks Nakamoto meetups have been taking place all over the world.

Congrats to the Stacks Latam, Stacks Lagos and TH BUIDL groups for educating communities on Stacks and Bitcoin scaling.

These events are the first step in increasing ecosystem awareness and onboarding new builders.
SIPs are a key aspect of Stacks' development, and weekly SIP AMAs are a great way to stay updated.

In this week's episode, expect a general update, a Q&A session, and brainstorming on proposals. πŸ€”

Make sure to tune in this Friday at 6 PM CEST. πŸ“…

https://twitter.com/i/spaces/1mrGmyQPomwGy
Grayscale launches new Trust for Bitcoin L2 Stacks.

According to Grayscale’s Head of Product, the STX Trust offers access to a growing part of the Web3 ecosystem.

As Stacks get closer to unlocking Bitcoin liquidity, the interest from institutions will increase.

Read the whole article here:
https://buff.ly/3URdTC1
A new Building on Bitcoin virtual event is taking place on June 13. πŸ“…

Hear from Stacks builders about their work and the next steps to scale the Bitcoin ecosystem.

⏳Don't miss the opportunity and subscribe now:
https://lu.ma/tk4yemj9
πŸ“’ Apply now for the latest quarterly Critical Bounties!

🎯 The main focus areas are tools improving the experience for:

β€’ Stacks Core and Clarity developers
β€’ Miners, Stackers, and Signers

Deadline: June 7th! πŸ—“

Don't miss out! πŸ‘‡πŸ‘‡

https://stacks.org/critical-bounties-q2-2024